Supreme Court to hear Future deal matter on Nov 23

The Supreme Court on Thursday told the Future group not to raise its Rs 24,713-crore merger deal with Reliance Retail at any other fora till the apex court finally takes up the matter on November 23.

A bench presided over Chief Justice N V Ramana said the court will hear the cross-appeals filed by both Amazon and the Future group on November 23.

The court also asked the Future group to file its response to Amazon’s plea against the September 28 order of the National Company Law Tribunal, Mumbai, that had initially allowed FRL to convene meetings of its shareholders and creditors for seeking approval to its decision to sell its retail assets to the Mukesh Amabani company.